Can i put $500,000US into a mutual fund and take some interest for income every year? like 25000 or something
Answers: Yes, you can certainly use a mutual fund to provide a regular cash flow. There are two main ways to do this:
1. Ask to receive dividends in cash. Stock funds generally pay dividends quarterly, while bond funds should issue dividends monthly. The annual amount of the dividends you receive should roughly equal the mutual fund's yield.
2. Establish a period withdrawal plan with the mutual fund company. This is useful if the yield on the fund is too small to generate the income you need, or if you need payments monthly instead of quarterly.
yes, you will need a tax id #.
That is a reasonable amount to withdraw from $500,000.
Perhaps look for an income fund that owns stocks and bonds.
Are you referrring to dividends? If you want interest income, then open an online savings or CD account.
If you want dividends from a mutual fund, then I would think this is possible as long as the mutual invests in companies that pay dividends. However, it may require you to sell shares, which costs commissions.
Why is stock ticker DEEP tanking?
Answers: The shares have sold off after a delay in filing their earnings and analysts downgrades. Good sector, when I looked at the IPO of this company last year, I noted that part of the risks involved the fact that they get a substantial portion of their revenues from only a few customers, that usually is not a good thing, off the 52 week high of 19, the shares have plunged to $4
http://biz.yahoo.com/ap/071116/superior_...
Looks to be worth perhaps $6 a share, but risky and other things in the energy sector look much better.
There is no hope to increase earnings for corporations in near future.
Usually when economy goes down it means people and corporation don't have money to spend and hence inflation goes down too. Fed's can fight such situation by reducing interest rates and creating liquidity.
If inflation goes up that means economy is too strong and people have too much money - hence feds increase the rates and slow down money flowing into to he market...
This time its a strange dilemma - A perfect storm if you would .
Economy is going down (indicator of weak demand/no money) and inflation (indicator of strong demand/weak currency hence prices go up, people buy less) is going up which means if feds cut rates then it is going to pump money and inflation is going to go up. so it would be very hard call for Feds on what to do when the meet next month.
If feds cut interest rates then inflation is going to go up - which is bad for economy - (things are more expensive, people by less - less profit for corporations). If they don't cut rates then market is not going to get more liquidity - hence either way its on the down side. Seeing that - people have started securing their profits - which were pretty good last year and selling big time (which is causing more supply less demand, causing stock prices to go down)..
I hold a stock I want to buy, can't acquire it directly from company?
just one stock, is within a place to research on line brokers for prices etc. don't want to re invent the controls. Thank you for your time.Answers: Companies traded on the major exchanges require you to shift through a broker to purchase shares. You can open an report online with Scottrade - I use them because their commissions are low.
For smaller sized companies, you can purchase their stock directly from the company if they are traded "over the counter". If you know the symbol, look it up on Yahoo Finance to see what exchange it's traded on - or if it's an over the counter stock.
some companies do go directly, contact the company you are inerested in nearly selling you shares, they may have such program or not, depends on the company, and the price may not be exactly today's souk price